Sui Pulls Back Despite September’s 115% Rally as DeFi TVL Hits $1 Billion Milestone

what happened

Despite SUI achieving a notable 115% surge throughout September 2025, a modest 2.31% fell to $3.23, bringing the blockchain total (TVL) to an all-time high of $1 billion. When the trader makes a profit after Sui rises to a five-month high of $1.77 at the beginning of the month, a pullback occurs when the trader makes a profit.

detail

The September rally was driven by significant ecosystem growth, with TVL over the $1 billion threshold, more than double from $383 million in August. Major decentralized applications, including Navi Protocol, Cetus, Suilend and Scallop, each supplying more than $165 million in assets, demonstrating the growing Defi footprint of their network.

Grayscale opened up SUI trust to accredited investors, accelerating institutional profits have emerged, with strategic partnerships such as USDC integration and collaboration with MoviePass. Additionally, Mysten Labs has launched pre-orders for the Suiplay0x1 game handheld and has placed SUI at the intersection of blockchain and games.

Technical response

SUI prices currently trade both the 20-day and 50-day simple moving averages at $3.50 and $3.51, respectively, but still have a slight edge, surpassing the 200-day SMA by $3.23. An RSI read of 42.4 showed neutral momentum, while a bearish MACD histogram of −0.0339 suggests continuous short-term debilitating.

The trading volume remains robust at around $110 million over 24 hours, indicating that market profits remain persistent despite the pullback. The main resistance levels appear at $3.98 and $4.18, but support appears to be concentrated at around $3.07.

What traders do

Market participants appear to be consolidating profits from the September explosive rally, and at the current level, there is apparent pressure to raise profits. The technical setup suggests that traders are waiting for resistance above $3.50 to resume the uptrend or waiting for a test of $3.07 support for potential accumulation opportunities.

The institutional flow through the greyscale SUI trust shows long-term positioning, but retail profits continue to rise following the results of the game handheld announcements and obligation milestones.

What’s next?

The SUI faces immediate resistance at a level of $3.50, consistent with its 20-day moving average. A sustained break above this threshold could be targeted at $3.98 resistance zone, but if you can’t maintain your current level, you could potentially test a $3.07 support area.

The network’s TVL trajectory and upcoming gaming handheld distribution represent important fundamental catalysts that could affect price direction in the coming weeks. The momentum in September has established the foundation for potentially continuous growth, but technological integration will likely emerge in the near future.

Take home

SUI’s pullback from September’s highs provides potential entry opportunities for traders targeting breakout levels of $3.50, while the $1 billion TVL milestone provides basic support for long-term bullish papers.

For the latest SUI pricing updates and SUI analysis, monitor the key support and resistance levels above.

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